Benefit from our expertise
NYK Law Firm provides legal services for all aspects of real estate acquisition, development, finance, ownership, leasing and operation. We understand the new challenges that Real Estate industry presents, and we assist our clients to keep up with the shifting sands of Real Estate investment strategies as resource depletion and economic uncertainty sets in. Our transactional lawyering experience fits into the sector of Real Estate and enables us to advice on negotiating and drafting contracts with parties.
NYK Law Firm has a large and active real estate practice and assists its clients in all types of real estate development, including shopping center, industrial, residential, hotel and downtown area development. It provides assistance in planning the structure, as well as negotiation of complex real estate transactions, along with handling of legal analysis and documentation.
We have an in-depth knowledge of the Laws relating to real estate disputes and matters in all Emirates of the UAE. We have years of experience in real estate dispute management, and our team of lawyers have advised contractors, investors, developers, owners, buyers/sellers, real estate agents, companies etc. on disputes before various adjudicating bodies including the Rental Disputes Center (RDC) of various Emirates.
Real estate owners have a “bundle of legal rights” that transfers to them when they purchase a property. … The main legal property rights are the right of possession, the right of control, the right of exclusion, the right to derive income, and the right of disposition.
The legal owner of property is registered at the Land Registry on the title deeds. They will also be stated within the mortgage offer as mortgage lenders require all legal owners to be jointly and severally liable for the mortgage.
The owner’s right is an “absolute” real right that can be enforced against the “whole world”. This also means that the owner has the right to claim or repossess a property leased to a tenant, or from any person who is in possession of it.
Managing Partner, Head of Litigation - UAE
We actively promote a culture of innovation and continuous improvement. Our consultants lead by example, building a strong understanding of our client’s business and staying open to new approaches, concepts and technologies.
We operate all over the world, from our own offices, associated offices and established relationships with correspondent law firms.
Some cases may look alike but not always to the details. We always make sure we understand our clients to the nearest detail so we can provide optimal support. We take your issue and transform it to an opportunity so you make full profit from it.
Our experience and expertise permits us to understand your issue faster.
Details focused, we bring out a strategy for best possible result.
We follow-up the case closely, keeping you aware of it evolution.